An economic update is coming from the European Central Bank. The ECB will publish its latest Economic Bulletin at 9.00 a.m. GMT (4.00 a.m. ET), giving investors more idea of what the central bank expects to see in 2017.

US GDP and jobless numbers are coming. The figures, as well as a slew of other US data, will drop at 1.30 p.m. GMT (8.30 a.m. ET). Third quarter GDP growth is forecast to come in at 3.3% on the same quarter last year and 1.4% on the second quarter.